Learn how general provisions function as financial safeguards, set aside by companies to cover potential future losses, and ...

Could your debt be reduced or forgiven? Take our financial relief quiz. If you’re a business owner extending credit to customers, then you’ve likely had an experience with bad debt or will at some ...

Critics of the bipartisan debt ceiling bill recently passed by the U.S. House of Representatives are calling out Republicans for including provisions they say will ultimately harm Black communities. U ...

Debt is often discussed in negative terms, but debt isn’t just good or bad. It falls on a spectrum, and how you manage it ...

ATHENS, Nov 30 (Reuters) - Alpha Bank on Thursday reported lower third-quarter profit compared to the previous quarter after booking higher provisions for impaired loans. Alpha's net profit from ...

The 99-page agreement would limit overall national security spending in fiscal 2024 to $886 billion, which is roughly a 3% increase from current levels. In fiscal 2025, defense spending would be ...

MILAN, Feb 19 (Reuters) - Mediobanca lifted its provisions for bad debts by 30 percent in the last six months of 2013, as it prepares to incorporate the full impact of a euro zone-wide asset health ...

NIC Bank Group’s pretax profit rose 3 per cent in 2015. The lender plans to nearly double its branch network to tap faster growing markets such as retail banking, it said on Wednesday. The mid-tier ...

TORONTO, Jan 9 (Reuters) - Canada's big banks are preparing to set aside more rainy-day funds in the new fiscal year to deal with rising bad debts as their customers struggle with record borrowing ...

The mid-tier lender renowned for asset financing said profit before tax rose to 6.4 billion shillings from 6.23 billion shillings in 2014, despite a surge in provisions for bad debts. NIC Bank Group's ...